HEDJ - European Uncertainty Has Lowered The Price Tag For Quality Stocks
Fourth-quarter volatility expanded the opportunity set for those looking for a deal
By Mark McDonnell, CFA®, Senior Equities Analyst in Equities
The fourth quarter of 2018 was tough on investors in European equities, and uncertainty appears to be rising as we enter 2019. But, the Invesco International and Global Growth team believes that environments like these can result in great prices for attractive businesses. In fact, we haven't seen valuations in Europe this low since 2013. So, what is our outlook for Europe, and where are we finding opportunity?